The Rest Is History

167. Oil: The Making of the Modern World

20 snips
Mar 24, 2022
Helen Thompson, a Professor of Political Economy at the University of Cambridge and expert on energy geopolitics, joins the hosts to discuss the monumental influence of oil throughout history. She traces the journey from the first oil well to Hitler's fixation on oil. The conversation highlights the geopolitical shifts post-Suez Crisis and the formation of OPEC. Key moments include the role of oil in shaping modern warfare and its impact on the Soviet Union's collapse, revealing the intricate power dynamics that continue to shape our world.
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INSIGHT

Oil's Occult History

  • Oil's influence on geopolitics is often overlooked in traditional historical accounts.
  • Energy dependence and power dynamics related to oil resources shape global events.
INSIGHT

Oil and Geopolitics

  • The current crisis in Ukraine is part of a larger, century-long geopolitical struggle.
  • Understanding this struggle requires analyzing the role of oil in shaping international relations.
INSIGHT

European Fears of US Oil Dominance

  • The emergence of oil in the US sparked fear in European powers about US dominance.
  • This fear was driven by the combination of the US's expanding landmass and access to oil.
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